🪙 $BTC is repeating the same exact trend pattern when it ranged 41k - 43k price. [check the 1st image chart]

Now $BTC is ranging from 51k - 53k [check the 2nd image chart]

Guess what If this pattern is the same then the breakout will happen on 28th Feb - 2nd March

Intrestingly, there is also some GDP Fed event during time.

load up and be ready for this trade. 💸

If it breaks upside [$BTC should close above 53300] - TARGET - 56800

If it breaks down [ If candle closes below 50500] - TARGET - 45800

Be careful of the wicks, do not execute your trade until the candle close. As in the first image you can see Price went down but closes in it's trend only.

lastly, just before the apex breakout, there will always be a fake out. be extra careful. patiently wait for the breakout, retest and a small rally. this has always been a safe way.

Good Luck! 💰

#BTC‬ #Breakout #TradeOpportunity #Write2Earn

Does any one feel like the March of 2020 will be repeated this coming March?? $BTC 50% correction before halving and then breaking all time high!

$WLD Final price reached for the last Phase of this bull run.

Good opportunity to short here.

It will definitely retrace 50% down here.
First target - 6.88
second target - 5.58
final target- 3.88

also that once the bear market starts next year
this will break 0.96 usd

I guess $BTC Phase 2 bullish trend is over. 53k was the top.

So what strategy is best?? here's the DO's and DONT's

[Let's start with what you should NOT do!!!!]

1. Never ever buy at the Phase 2 Pump.

This is the period and Phase where many traders FOMO in and buy coins that are pumping 20-30% a day.

Remember that whenever a coin pumps very hard, It usually signals that the top is near. It takes experience to know when a coin is in distribution Phase. So if you missed the train, so be it!! Do not buy on the pumps.

2. Do not try to SHORT the exact top!

This is something that I have done many times.
trying to time the market. when the coin pumps hard, I short thinking there will be a retrace.

Well, there is a retracement going to happen but not when the price is in discovery mode.

Use TA to understand the supports and resistance and trade only when you think the breakout will be respected.

There is nothing wrong in just observing the price and waiting long until you trade. In fact this is what Good traders do. wait, wait, observe, understand and then react.

3. Lastly, do not trade by assuming that the price will reach to your expected price.

You must be wondering, how do you not assume and how do you trade and take profits??

Trust me you'd be surprised to know that your assumption of the price is absolutely correct. But your timing is not. I've done this and I know.

I've shorted $BTC heavily in 2022 from 38k assuming that we will drop to 29k. but it went up and I over leveraged the more it went. It went to 48k, got liquidated and guess what, the retracement finally happened.

Don't just rely on TA, respect the time and the trend also.

[So what can you do] 3 simple yet effective way

1. Did you know that the most number of liquidations happen during the 2nd phase of bull and bear trends???

because during this price action, the smart money liquidates the longs and the shorts and then goes parabolic. So be careful and observe when this happens and position yourself for a larger victory.

to be continued in the comment:

#Write2Earn

I guess yet another time this played out exactly always. 😆

Few days back I posted saying whenever $LUNC pumps 20% in one day. There is always a bearish trend that starts for all the crypto.

I guess today is the start of the bearish trend till 38000 for $BTC I guess this should be healthy for the market because there needs to be more fuel to rise higher. LIQUIDATION to weak hands is fuel.

$BTC ⚠️ BTC to go down to 41080 USD. ⚠️
3 reasons why.

Reason 1 - BTC has topped out the massive resistance and also the 0.382 FIB level at 46745.

Reason 2 - There was lack of volume and strength in past 2 days. suggesting that this could still turn out to be a wick on weekly candle.

Reason 3 - There is a strong data that suggests BTC has retest 36k before phase 2 of bull run.

Pumps without volume from the past 3 days are just to squeeze the shorts before going.

REMEMBER we are still in phase 1 of this run.

Bonus - Alts have rallying crazy in 3 days. But the BTC dominance us rising again.

Simple plan -

1. Take profits here Especially ALTS.
2. Either short here or wait for 2 months of down price and consolidation.

#TechnicalAnalysis #BTC/Update #BTCdominance #altcoins #Write2Earn

$DYM Yesterday I posted how shorting dym was a good idea.

Well today it pumped another 25%
I guess I should have been more patient rather than timing the top.

I also mentioned in previous post that this could pump to max to 6.8.
But I didn't want to loose an opportunity to short.

I added in more short today.

Having said that, I believe in charts and definitely it will retrace atlease 50%

#TechnicalAnalysis #dym #short #Write2Earn

$DYM is best shorting opportunity right now 💰

Short here and take profits at every Fib Lines.

Overall DYM is going to retrace 0.618 Fib support just like all the new coins launched.

Last take profit - 2.5 usd to 2.2

Please that if this pumps - It will no longer Pump more than 6.8 usd

#TechnicalAnalysis #dym #Fibonacci #short #Write2Earn

$CTSI Will Pump to 0.38 USD

based on the fib levels and closely monitoring all of it support and retests.

It is likely to reach 0.38. After reaching there, we will retrace to 0.23 and then consolidate.

#TechnicalAnalysis #CTSI #Fibonacci #Write2Earn

Has $JUP finally stopped dumping?

I would say no. 2 reasons. Target - 0.48 - 0.49

1. According to analysis, this is just a retest to it's resistance. On the basis of Fibonacci - this has perfectly been rejected at every fib line.
here are the monthly and weekly chart.

2. People have been still getting airdrops, which means that most of them are immediately selling it. thus causing no demand and making the price go lower.

Conclusion- Start averaging your longs once It breaks 0.50 because that's where the smart money are buying.

#TechnicalAnalysis #JUP #Fibonacci #Write2Earn

How much more can WIF fall?

well considering it's high and connecting al the supports and resistance, I believe it may reach 0.1535 - 0.1680

At some point WIF will definitely retest 0.26 USD.

$ID has pumped around 75% in day.

while the major resistance is at 0.66 usd I think for this week we may have topped out and this will retrace to a support level at 0.39

This could be a good short. But remember to take profits this could go to 0.66 _ 0.68 usd.

#TechnicalAnalysis #ID/USDT #Write2Earn #short

$ENS has pumped to retest the resistance.

There is lack of volume and strength.

Above all, It has not retested it's support at 0.618 Fib level which sits at 16.88 usd.

Shorting here would ideal, I believe $ENS will form a double bottom at the Target price mentioned above.

#ENS #TechnicalAnalysis #Fibonacci #Write2Earn #short

$XAI has retested it's resistance line and seems to be rejected.

A short would ideal here, because it will retest it's 0.618 support again. Target - 0.73 - 0.68

#TechnicalAnalysis #short #Fibonacci #Write2Earn #XAI

$CKB is about to explode to 0.008 if it breaks 0.0052.

That is a 100% pump to cash in.

#TechnicalAnalysis #Pumping #Write2Earn

What If I told you $SUI will retrace 50% from
1.66usd to 0.88usd.

Well the chart never lies. I booked good profit
on spot. Now I am going to short 35% of profit
from SUI

Once again, Price target -0.88 USD

It also perfectly aligns with 0.618 fib
retracement.

#TechnicalAnalysis #Fibonacci #SUI #Write2Earn

$LINK has reached it's 1st major resistance at 19.8 USD.

I believe this has topped out for the first phase of bull run.

2nd phase may begin only after 4 months.

Meanwhile $BTC will correct to 32000 USD and so will other coins.

I'd suggest shorting this now for traders. For investors take a good chunk of profit please.

#TechnicalAnalysis #Fibonacci #Write2Earn

I asked GPT 4 Turbo to analyse this chart pattern for $BTC

Surprisingly it knew which pattern it was forming and gave me a breakout Target price.

I am planning to create a bot that gives targets from patterns consistently.

#TechnicalAnalysis #AIsignals #Write2Earn

$BTC is to breakout from this pattern soon.

This can be a good trade to grab. 💰
The expected of breakout is 7th February. 📅

If $BTC breaks upside, Target is 44800.
If $BTC breaks down, Target is 40580.

I personally expect it do move up, because of the chart pattern formation.

Trade well, Trade safe friends. 💵

#TechnicalAnalysis #Breakout #Write2Earn

$NMR Get ready to load your shorts!

This will retrace back to 23.8$

#TechnicalAnalysis #Fibonacci #Write2Earn